First nat cat parametric syndicate enters Lloyd’s with ex-Munich Re talent

Written By Derrick Alvarez

US-based parametric re/insurance group NormanMax Insurance Holdings has launched Lloyd’s Syndicate 3939, managed by Apollo, following in-principle approval in December last year. It aims to revolutionise catastrophe risk transfer at Lloyd’s.

Derrick Alvarez
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NormanMax Launches 1st Nat Cat Parametric Lloyd’s Syndicate, Managed by Apollo
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